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1926-S Mercury Dime - Opinions On Originality And Grade/Value

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one_fine_dime's Avatar
United States
591 Posts
 Posted 01/21/2018  3:21 pm Show Profile   Bookmark this topic Add one_fine_dime to your friends list Get a Link to this Message Number of Subscribers
I'm considering bidding on this coin. While this ebay seller has received mixed feedback on CCF, they have 99.8% positive feedback on ebay. Clearly they have some hi-tech lighting/photo techniques but nonetheless the details look XF to me. I'm looking for original (i.e., not cleaned) specimens. Just hoping others can provide any opinions before I need to pull the trigger on a bid. Thank you!

1926-S-Mercury-Dime---Opinions-On-Originality-And-Grade/Value
1926-S-Mercury-Dime---Opinions-On-Originality-And-Grade/Value

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Pillar of the Community
United States
1590 Posts
 Posted 01/21/2018  3:41 pm  Show Profile   Bookmark this reply Add jmkendall to your friends list Get a Link to this Reply
I don't see any obvious issues. Xf..yeah. I think if I were buying it I would stick to VF35 to get the price down and if I were selling it in my shop I would put it as XF45 and sell it for 40 money.
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Kefiroth's Avatar
United States
1431 Posts
 Posted 01/21/2018  3:45 pm  Show Profile   Bookmark this reply Add Kefiroth to your friends list Get a Link to this Reply
Knowing how GSC does their photographs, I'd expect the surfaces to look much lighter in person.
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macmercury's Avatar
United States
5833 Posts
 Posted 01/21/2018  4:19 pm  Show Profile   Bookmark this reply Add macmercury to your friends list Get a Link to this Reply
Solid XF 40.

I want to upgrade mine to AU grade myself.
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acloco's Avatar
United States
3540 Posts
 Posted 01/21/2018  4:40 pm  Show Profile   Bookmark this reply Add acloco to your friends list Get a Link to this Reply
RUN!!!
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SilverDollar2017's Avatar
United States
8715 Posts
 Posted 01/21/2018  4:57 pm  Show Profile   Bookmark this reply Add SilverDollar2017 to your friends list Get a Link to this Reply

Quote:
RUN!


I don't understand?
Edited by SilverDollar2017
01/21/2018 4:57 pm
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merclover's Avatar
United States
10635 Posts
 Posted 01/21/2018  10:22 pm  Show Profile   Bookmark this reply Add merclover to your friends list Get a Link to this Reply
I agree, a solid XF 40.

Better photographs shouldn't elevate the price.
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one_fine_dime's Avatar
United States
591 Posts
 Posted 01/21/2018  10:36 pm  Show Profile   Bookmark this reply Add one_fine_dime to your friends list Get a Link to this Reply
Thanks everyone who responded. I won this coin at $77 (+$3.25)!!

jmkendall - great insight on considering pricing based on VF35. For this coin and others in this series (and maybe other series), the VF/XF threshold is significant. Meaning there is a big jump in price once you hit the XF tier.

Based on my research, current market value for an unslabbed VF35 should be around $80. This is based on both the current blue book (as I'm not a graysheet subscriber) and PCGS auction sale results (minus about $25 to account for slabbing fees).

I also saw two other very very similar coins were sold by this same seller on Jan 1 and last Oct 29 for $102.50 and $94, respectively. These are shown below (Jan coin on top, Oct coin on bottom). So I feel this coin was a good value at the price I paid. I just hope I'm still pleased once I view the coin in hand (this speaks to your comment Kefiroth!)

I'm planning to put this in a page 1 Danso (1916-1931) that I'm building of well matched XF-ish grade mercs. I really like this earlier pre-1933 series (not even bothering w/ the late date mercs), and focusing on the keys/semi-keys first.

Additional insights from seasoned merc collectors are much appreciated! (macmercury, merclover, and others!).

1926-S-Mercury-Dime---Opinions-On-Originality-And-Grade/Value
1926-S-Mercury-Dime---Opinions-On-Originality-And-Grade/Value
1926-S-Mercury-Dime---Opinions-On-Originality-And-Grade/Value
1926-S-Mercury-Dime---Opinions-On-Originality-And-Grade/Value
Edited by one_fine_dime
01/21/2018 10:45 pm
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edweather's Avatar
United States
7375 Posts
 Posted 01/21/2018  10:50 pm  Show Profile   Bookmark this reply Add edweather to your friends list Get a Link to this Reply
Hopefully it looks good when you get it. They have a liberal return policy, so not much risk.
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BH1964's Avatar
United States
10982 Posts
 Posted 01/21/2018  10:51 pm  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list Get a Link to this Reply
Let us know how this purchase works out for you. Despite GSC's less than stellar reputation people do occasionally get good deals through them. GSC is well known as a shill bidder so former auction resuklts for coins they have sold mean next to nothing.
ANA #R3154474
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one_fine_dime's Avatar
United States
591 Posts
 Posted 01/21/2018  11:04 pm  Show Profile   Bookmark this reply Add one_fine_dime to your friends list Get a Link to this Reply
BH1964 - wow, shill bidding on ebay seems a no win situation! if they shill bidded those other coins, we should expect to see them back up for sale soon...but then again they'd have to hold on to them for months or longer to try and hide this scam behavior. mind if I ask how you happen to come by this information? thanks (caveat emptor!)
Edited by one_fine_dime
01/21/2018 11:07 pm
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merclover's Avatar
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10635 Posts
 Posted 01/21/2018  11:23 pm  Show Profile   Bookmark this reply Add merclover to your friends list Get a Link to this Reply
"not even bothering w/ the late date mercs"

My personal Mercury buying habits of late has been the opposite of this... I have been snatching up as many FSB later date Mercs on the cheap as I can for TWO reasons, first, because I feel the later date FSB Mercs might be much more difficult to locate than collectors realise due to older dies being used over and over, and secondly, because they ain't making them any more.

But, don't tell anyone so I can get them all myself!
Les
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numismatic student's Avatar
United States
11898 Posts
 Posted 01/22/2018  12:21 am  Show Profile   Bookmark this reply Add numismatic student to your friends list Get a Link to this Reply
vf30-35
IN NECESSARIIS UNITAS - IN DUBIIS LIBERTAS - IN OMNIBUS CARITAS
THE MAN IN THE ARENA, Theodore Roosevelt at the Sorbonne Paris on April 23, 1910: "It is not the critic who counts; not the man who points out how the strong man stumbles or where the doer of deeds could have done better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood, who strives valiantly, who errs and comes up short again and again, because there is no effort without error or shortcoming, but who knows the great enthusiasms, the great devotions, who spends himself in a worthy cause; who, at the best, knows, in the end, the triumph of high achievement, and who, at the worst, if he fails, at least he fails while daring greatly, so that his place shall never be with those cold and timid souls who knew neither victory nor defeat."
My coin website:https://fairfaxcoins.com
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BH1964's Avatar
United States
10982 Posts
 Posted 01/22/2018  01:22 am  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list Get a Link to this Reply

Quote:
....we should expect to see them back up for sale soon...but then again they'd have to hold on to them for months or longer to try and hide this scam behavior. mind if I ask how you happen to come by this information?


Not necessarily. The concept of shill bidding involves NOT winning auctions but rather to push the hammer price to higher levels.

Tribal knowledge. If you bid to the level you are comfortable paying then shill bidding should be of little concern. As an aspiring numismatist, do not get involved in bidding wars. They are a losing proposition even if you win.

ANA #R3154474
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afcop13's Avatar
United States
1409 Posts
 Posted 01/22/2018  07:06 am  Show Profile   Bookmark this reply Add afcop13 to your friends list Get a Link to this Reply
I've also been doing what merclover stated, picking up several of the 1935 and up mercs with FSB in the past 2 months. I have bought 2 coins from this seller in the past, and was happy with both purchases. One was a mint state 1929 SLQ and the other was a FBL 1950 Franklin.
Rest in Peace
T-BOP's Avatar
United States
18456 Posts
 Posted 01/22/2018  08:30 am  Show Profile   Bookmark this reply Add T-BOP to your friends list Get a Link to this Reply
IMHO, I see the coin you bought as a VF-35 , NOT a solid 40.


Quote:
... I have been snatching up as many FSB later date Mercs on the cheap as I can for TWO reasons, first, because I feel the later date FSB Mercs might be much more difficult to locate than collectors realize due to older dies being used over and over, and secondly, because they ain't making them any more.

Yes , I agree . Would be buying them myself but I'm using all my money for finishing my WLH collection .
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